Kazakhstan will boost its crude oil exports to Germany next year after Kazakh national oil and gas company KazMunayGas extended a supply deal with Rosneft Deutschland, which has been under German trusteeship since 2022.
Kazakhstan is supplying crude to the Schwedt refinery, the fourth-largest refinery in Germany, which used to process Russian oil before Germany cut off supplies from Russia. The Schwedt refinery, where Rosneft Deutschland is a majority shareholder, supplies 90% of the fuel needs of Germany’s capital city Berlin.
Kazakhstan delivered 1.5 million tons of its crude to the Schwedt refinery in the first nine months of 2025, KazMunayGas said on Tuesday, announcing the deal for increased supply in 2026.
At a meeting in Germany, KazMunayGas chairman Askhat Khassenov and Johannes Bremer, the CEO of Rosneft Deutschland, discussed the transportation of Kazakh oil and the prospects for expanding cooperation.
The parties agreed to raise monthly crude oil supply from Kazakhstan to 130,000 tons in 2026 from 100,000 tons now, KazMunayGas said.
Kazakhstan’s oil deliveries to Germany have come from Karachaganak Petroleum Operating BV since 2024, while Chevron-led Tengizchevroil LLP joined the supply deal in 2025, KazMunayGas says.
KazMunayGas is a shareholder with 20% in Tengizchevroil, which has boosted Kazakhstan’s oil production this year with the start-up of an expansion project at the largest oilfield in Kazakhstan that will boost crude oil output by 260,000 barrels per day (bpd).
First oil at the Future Growth Project (FGP) was achieved in January 2025, and has boosted Kazakhstan’s crude oil production since then, contributing to the massive overproduction of the OPEC+ alliance member.
“At the moment, we cannot yet fit into those compensation schedules, but Kazakhstan is taking all possible efforts to comply with the OPEC+ agreement, and we remain committed to it,” Russian news agency Interfax quoted Kazakhstan’s Energy Minister Yerlan Akkenzhenov as saying last week.
By Tsvetana Paraskova for Oilprice.com
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